Reducing carbon footprint 'waste of time'

THE millions of well-intentioned Australians turning off light bulbs, installing insulation in their ceilings and solar panels on their roofs, cycling to work or buying low-emission cars are wasting time and money.

Under the scheme, the more individuals save on their emissions the more corporate polluters such as coal stations and aluminium smelters are allowed to emit.

"Individual efforts to reduce energy use will have absolutely no effect on the level of Australia's emissions," he said. "The least understood feature of the ETS (Emission Trading Scheme) is that the more effort households put into reducing their energy use, the more spare permits they are freeing up for the big polluters. It is a zero-sum game."

"Under the ETS as it is designed if you do reforms in your own home it allows the electricity companies to sell those permits to another carbon emitter."
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IT DOESN'T MAKE SENSE!!!